Organization which receives a substantial part of its support from a governmental unit or the general public

Organization

Corporation

Exempt Organization Status

Unconditional Exemption

Tax Period

12/2013

Assets

$1 to $9,999

Income

$25,000 to $99,999

Filing Requirement

990 (all other) or 990EZ return

Asset Amount

$1

Amount of Income

$99,142

Form 990 Revenue Amount

$99,142

National Taxonomy of Exempt Entities (NTEE)

Religion-Related, Spiritual Development: Religious Television

Non-representatives - add comments:

First Name:

Last Name:

E-mail (will not be displayed publicly)

Public comments: (50-4000 characters)

Type the code shown:

Your IP address 54.211.82.105 will be logged.

Amount of income in 2013: $99,142 (it was $169,425 in 2012)

This organization:

$99,142

Other organizations performing similar types of work:

$105,098

Assets in 2013: $1 (it was $3,981 in 2012)

Horizon Media Studios Inc:

$1

Other organizations performing similar types of work:

$86,757

Expenses in 2013: $100,639

Horizon Media Studios Inc:

$100,639

Other organizations performing similar types of work:

$170,231

Income to expenses ratio in 2013: 1.0

This organization:

1.0

Other organizations performing similar types of work:

1.0

Grants share in income in 2013: 23.6%

Horizon Media Studios Inc:

23.6%

Other organizations performing similar types of work:

100.0%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances

2011

2012

2013

Total revenue

$161,151

$169,425

$99,142

Contributions, gifts, grants, and similar amounts received

$3,650

$13,825

$23,442

Program service revenue including government fees and contracts

$157,501

$155,600

$75,700

Membership dues and assessments

$0

$0

$0

Investment income

$0

$0

$0

Gain/Loss from sale of assets other than inventory

$0

$0

$0

Net income/loss from gaming and fundraising events

$0

$0

$0

Gross profit/loss from sales of inventory

$0

$0

$0

Other revenue

$0

$0

$0

Total expenses

$165,143

$165,623

$100,639

Total net assets

$-12,439

$3,981

$-41,971

Excess/Deficit for the year

$-3,992

$3,802

$-1,497

Net assets or fund balances at beginning of year

$-8,447

$179

$3,981

Other changes in net assets or fund balances

$0

$0

$-44,455

Net assets or fund balances at end of year

$3,981

$-41,971

Balance Sheets

2011

2012

2013

Total assets

$178

$3,981

$1

Total liabilities

$12,617

$0

$41,971

Net assets or fund balances

$-12,439

$3,981

$-41,971

Other Information

2011

2012

2013

Did the organization engage in any significant activity not previously reported to the IRS?

No

No

Were any significant changes made to the organizing or governing documents?

No

No

Did the organization have unrelated business gross income of $1,000 or more during the year from business activities

No

No

No

Has the organization filed a Form 990-T for the year?

No

No

Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?

No

No

Amount of political expenditures, direct or indirect

$0

$0

Did the organization file Form 1120-POL for this year?

No

No

Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?

No

No

Total amount involved

$0

$0

Initiation fees and capital contributions

$0

$0

$0

Gross receipts for public use of club facilities

$0

$0

$0

Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?

No

No

At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?

No

No

Reason for Public Charity Status (for 2013)

The organization is not a private foundation because it is:

An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975

Number of organizations supported

0

Sum of amounts of support

$0

Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)

2009 - 2013 Total

Public support

$595,363

Subtotal

$595,363

Gifts, grants, contributions, and membership fees received

$49,853

Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose

$545,510

Gross receipts from activities that are not an unrelated trade or business under section 513

$0

Tax revenues levied for the organization's benefit and either paid to or expended on its behalf

$0

The value of services or facilities furnished by a governmental unit to the organization without charge

$0

Less

$0

Amounts received from disqualified persons

$0

Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support

$0

Total support

$595,363

Public support

$595,363

Subtotal

$0

Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources

$0

Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975

$0

Net income from unrelated business activities, whether or not the business is regularly carried on

$0

Other income

$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:

Fundraising:

Expenses:

Transparency:

Your Review

Please note that defamatory statements might be against the law. As soon as you visit any website, your IP address is available to that site.